An outstanding opportunity exists to secure a well established long term tenant with a strong presence in a boutique manufacturing and distribution industry.
The property is located at 21 Jones Street O'Connor and is in close proximity to Leach Highway, South Street and Stock Road.
Approx 17.8 km from the Perth CBD
Property Details:
* Gross area 5,328 m2 approx
* Zoning "Industrial" - City of Fremantle
Improved Area:
* Offices/Showroom 491 m2 approx
* Warehouse 1238.66 m2 approx
* Factory 1529.3 m2 approx
* Yard 861 m2 approx
Investment Details:
* Tenant: Lane Industries (Australia) Pty Ltd
* Rent Income $331,500 PA + Outgoings + GST (Year one)
* Annual rent increases the lesser of 2% and CPI WA
* Lease term 8 years
* Options of 5 years plus a further option of 5 years
For further information and to arrange an inspection, please contact Agent:
Michael Danagher
Vast Property Group
M: 0403 049 989